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Dave & Buster's Entertainment, Inc.（PLAY）与医疗房产信托（SVC）财务数据对比。点击上方公司名可切换其他公司
Dave & Buster's Entertainment, Inc.的季度营收约是医疗房产信托的1.5倍（$448.2M vs $296.5M），医疗房产信托净利率更高（-0.3% vs -9.4%，领先9.1%），Dave & Buster's Entertainment, Inc.同比增速更快（-1.1% vs -17.0%），Dave & Buster's Entertainment, Inc.自由现金流更多（$-20.6M vs $-95.2M），过去两年医疗房产信托的营收复合增速更高（-6.1% vs -13.5%）
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
PLAY vs SVC — 直观对比
营收规模更大
PLAY
是对方的1.5倍
$296.5M
营收增速更快
PLAY
高出15.9%
-17.0%
净利率更高
SVC
高出9.1%
-9.4%
自由现金流更多
PLAY
多$74.6M
$-95.2M
两年增速更快
SVC
近两年复合增速
-13.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $448.2M | $296.5M |
| 净利润 | $-42.1M | $-782.0K |
| 毛利率 | 85.8% | — |
| 营业利润率 | -3.6% | -3.9% |
| 净利率 | -9.4% | -0.3% |
| 营收同比 | -1.1% | -17.0% |
| 净利润同比 | -28.7% | 99.0% |
| 每股收益（稀释后） | $-1.22 | $-0.01 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收PLAYSVC
| Q4 25 | $448.2M | $296.5M | ||
| Q3 25 | $557.4M | $377.6M | ||
| Q2 25 | $567.7M | $404.4M | ||
| Q1 25 | $534.5M | $335.0M | ||
| Q4 24 | $453.0M | $357.0M | ||
| Q3 24 | $557.1M | $390.9M | ||
| Q2 24 | $588.1M | $412.5M | ||
| Q1 24 | $599.0M | $336.2M |
净利润PLAYSVC
| Q4 25 | $-42.1M | $-782.0K | ||
| Q3 25 | $11.4M | $-46.9M | ||
| Q2 25 | $21.7M | $-38.2M | ||
| Q1 25 | $9.3M | $-116.4M | ||
| Q4 24 | $-32.7M | $-76.4M | ||
| Q3 24 | $40.3M | $-46.9M | ||
| Q2 24 | $41.4M | $-73.8M | ||
| Q1 24 | $36.1M | $-78.4M |
毛利率PLAYSVC
| Q4 25 | 85.8% | — | ||
| Q3 25 | 86.3% | — | ||
| Q2 25 | 85.5% | — | ||
| Q1 25 | 85.5% | — | ||
| Q4 24 | 85.0% | — | ||
| Q3 24 | 85.3% | — | ||
| Q2 24 | 85.2% | — | ||
| Q1 24 | 84.1% | — |
营业利润率PLAYSVC
| Q4 25 | -3.6% | -3.9% | ||
| Q3 25 | 9.5% | -12.8% | ||
| Q2 25 | 11.1% | -9.2% | ||
| Q1 25 | 8.3% | -33.3% | ||
| Q4 24 | 1.4% | -19.4% | ||
| Q3 24 | 15.2% | -12.8% | ||
| Q2 24 | 14.5% | -17.1% | ||
| Q1 24 | 14.9% | -21.4% |
净利率PLAYSVC
| Q4 25 | -9.4% | -0.3% | ||
| Q3 25 | 2.0% | -12.4% | ||
| Q2 25 | 3.8% | -9.4% | ||
| Q1 25 | 1.7% | -34.8% | ||
| Q4 24 | -7.2% | -21.4% | ||
| Q3 24 | 7.2% | -12.0% | ||
| Q2 24 | 7.0% | -17.9% | ||
| Q1 24 | 6.0% | -23.3% |
每股收益（稀释后）PLAYSVC
| Q4 25 | $-1.22 | $-0.01 | ||
| Q3 25 | $0.32 | $-0.28 | ||
| Q2 25 | $0.62 | $-0.23 | ||
| Q1 25 | $0.32 | $-0.70 | ||
| Q4 24 | $-0.84 | $-0.46 | ||
| Q3 24 | $0.99 | $-0.28 | ||
| Q2 24 | $0.99 | $-0.45 | ||
| Q1 24 | $0.95 | $-0.48 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $13.6M | $346.8M |
| 总债务越低越好 | $1.6B | $5.5B |
| 股东权益账面价值 | $130.8M | $646.1M |
| 总资产 | $4.1B | $6.5B |
| 负债/权益比越低杠杆越低 | 12.17× | 8.52× |
8季度趋势，按日历期对齐
现金及短期投资PLAYSVC
| Q4 25 | $13.6M | $346.8M | ||
| Q3 25 | $12.0M | $417.4M | ||
| Q2 25 | $11.9M | $63.2M | ||
| Q1 25 | $6.9M | $80.1M | ||
| Q4 24 | $8.6M | $143.5M | ||
| Q3 24 | $13.1M | $48.6M | ||
| Q2 24 | $32.1M | $14.6M | ||
| Q1 24 | $37.3M | $71.3M |
总债务PLAYSVC
| Q4 25 | $1.6B | $5.5B | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $5.8B | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益PLAYSVC
| Q4 25 | $130.8M | $646.1M | ||
| Q3 25 | $166.2M | $647.9M | ||
| Q2 25 | $146.8M | $695.9M | ||
| Q1 25 | $145.8M | $734.6M | ||
| Q4 24 | $226.6M | $851.9M | ||
| Q3 24 | $284.4M | $929.0M | ||
| Q2 24 | $292.5M | $1.0B | ||
| Q1 24 | $251.2M | $1.1B |
总资产PLAYSVC
| Q4 25 | $4.1B | $6.5B | ||
| Q3 25 | $4.1B | $7.0B | ||
| Q2 25 | $4.1B | $6.9B | ||
| Q1 25 | $4.0B | $7.0B | ||
| Q4 24 | $3.9B | $7.1B | ||
| Q3 24 | $3.8B | $7.1B | ||
| Q2 24 | $3.8B | $7.1B | ||
| Q1 24 | $3.8B | $7.2B |
负债/权益比PLAYSVC
| Q4 25 | 12.17× | 8.52× | ||
| Q3 25 | 9.57× | — | ||
| Q2 25 | 10.98× | — | ||
| Q1 25 | 10.45× | — | ||
| Q4 24 | 6.58× | 6.85× | ||
| Q3 24 | 4.72× | — | ||
| Q2 24 | 4.58× | — | ||
| Q1 24 | 5.33× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $58.0M | $-18.5M |
| 自由现金流经营现金流 - 资本支出 | $-20.6M | $-95.2M |
| 自由现金流率自由现金流/营收 | -4.6% | -32.1% |
| 资本支出强度资本支出/营收 | 17.5% | 25.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-195.6M | $-107.0M |
8季度趋势，按日历期对齐
经营现金流PLAYSVC
| Q4 25 | $58.0M | $-18.5M | ||
| Q3 25 | $34.0M | $98.1M | ||
| Q2 25 | $95.8M | $-7.0K | ||
| Q1 25 | $108.9M | $38.2M | ||
| Q4 24 | $-7.2M | $-9.7M | ||
| Q3 24 | $101.8M | $106.2M | ||
| Q2 24 | $108.8M | $43.8M | ||
| Q1 24 | $97.2M | $-926.0K |
自由现金流PLAYSVC
| Q4 25 | $-20.6M | $-95.2M | ||
| Q3 25 | $-55.2M | $57.9M | ||
| Q2 25 | $-58.8M | $-46.6M | ||
| Q1 25 | $-61.0M | $-23.2M | ||
| Q4 24 | $-138.4M | $-88.9M | ||
| Q3 24 | $-14.3M | $24.1M | ||
| Q2 24 | $-4.2M | $-22.3M | ||
| Q1 24 | $-25.4M | $-77.2M |
自由现金流率PLAYSVC
| Q4 25 | -4.6% | -32.1% | ||
| Q3 25 | -9.9% | 15.3% | ||
| Q2 25 | -10.4% | -11.5% | ||
| Q1 25 | -11.4% | -6.9% | ||
| Q4 24 | -30.6% | -24.9% | ||
| Q3 24 | -2.6% | 6.2% | ||
| Q2 24 | -0.7% | -5.4% | ||
| Q1 24 | -4.2% | -23.0% |
资本支出强度PLAYSVC
| Q4 25 | 17.5% | 25.9% | ||
| Q3 25 | 16.0% | 10.6% | ||
| Q2 25 | 27.2% | 11.5% | ||
| Q1 25 | 31.8% | 18.3% | ||
| Q4 24 | 29.0% | 22.2% | ||
| Q3 24 | 20.8% | 21.0% | ||
| Q2 24 | 19.2% | 16.0% | ||
| Q1 24 | 20.5% | 22.7% |
现金转化率PLAYSVC
| Q4 25 | — | — | ||
| Q3 25 | 2.98× | — | ||
| Q2 25 | 4.41× | — | ||
| Q1 25 | 11.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.53× | — | ||
| Q2 24 | 2.63× | — | ||
| Q1 24 | 2.69× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
SVC
暂无分部数据
